Metcalf South and Metro North "are great real estate with a tremendous amount of upside," said Dan Lowe, partner in RED Development, developers of several Kansas City projects, including The Legends at Village West. "It's a prime time to take advantage of the market. There is still opportunity in both locations."
Rosemary Salerno, general manager of Zona Rosa and a Northland resident, agreed regarding Metro North.
"It's a great piece of real estate, and it is good they are doing something with it," Salerno said. "Obviously, something needed to happen there."
Although details remain sketchy, one elected official expressed relief that clouds of uncertainty about the future of Metro North may be about to clear.
"I was concerned it would go the way of Bannister Mall, an older shopping center that has lost its energy and is just a shell of what it once was," said Kansas City Councilman John Fairfield, who represents the Northland.
Bannister Mall, which has lost all of its anchor stores in recent years, has become something of an incubator for small, local start-up retailers.